Small Changes Can Increase Conversions Dramatically
Saturday, February 21st, 2009Many times some of the smallest changes can increase your conversion rates dramatically. So, let’s start by thinking simple, like what is your traffic doing when they come to your website? What do they do when they first land on your website until their order is complete or isn’t complete? It’s these very simple, but crucial steps that may lead to a dramatic increase in your conversion rate.
The first thing you need to do, if you aren’t already, is track your visitors every move. You need to know how many visitors are creating an account, how long they are staying on what pages, how many are adding products to the shopping cart, how many are getting a shipping estimate, how many are entering their payment information and how many are actually placing an order.
By analyzing how many visitors are doing each on of these things you will be able to get an idea of where the biggest percentage of your visitors are dropping off. It’s a good idea to start here first because it will normally have the biggest impact on an increased conversion rate. So for instance let’s say that your biggest drop off point is when your customers get a shipping estimate. This is normally a sign that your shipping is more than your average customer would like to pay. While you may not be able to get a better shipping rate right away you can do things that give your customers a better price. For instance, it may be worth it to give your customers a discount on shipping and pay more than they are. The reason for this is the fact that it should increase your volume if this is the reason your customers are dropping off. After doing this you may receive enough volume in orders to equal out your profit or even increase it. You may even be able to get a better shipping rate due to the volume of orders you will now be doing. You also need to look at the fact that a good portion of those customers will become repeat customers. This will obviously out weigh the initial loss you had on shipping.
All in all, no matter what part of your website has the biggest drop off rate, you always want to start there first. It will most likely have the biggest impact on your conversion rate due the fact that the majority of your visitors are dropping off there. So before you spend hundreds to thousands of dollars in advertising make sure you’re getting a phenomenal conversion rate.